Is visual perception “rich” or “sparse?” One finding supporting the “rich” hypothesis shows that a specific visual summary representation, color diversity, is represented “cost-free” outside focally-attended regions in dual-task paradigms [1]. Here, we investigated whether this “cost-free” phenomenon for color diversity perception extends to peripheral vision. After replicating previous findings and verifying that color diversity is represented “cost-free” in central vision, we performed two experiments: in our first experiment, we extended the paradigm to peripheral vision and found that in minimally-attended regions of space, color diversity perception was impaired. In a second and final experiment, we added confidence judgments to our task, and found that participants maintained high levels of metacognitive awareness of impaired performance in minimally-attended visual areas in the periphery. These findings provide evidence that color perception may be partially attention-dependent in peripheral vision, and challenge previous views on both sides of the rich vs. sparse debate.